Top 3 meme coins Dogecoin, Shiba Inu and Pepe: Over 45% investors profitable, memes extend gains
Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are the top three meme coins by market capitalization that extended gains slightly on Thursday. DOGE, SHIB and PEPE added 1.43%, 1.43% and 2.49% to their value on the day, respectively.
The three meme coins have noted concentration by large wallet investors, who have access to over 1% of the circulating supply.
Dogecoin, Shiba Inu and Pepe yield profits for over 45% wallet addresses
Data from crypto intelligence platform IntoTheBlock shows that between 45% and 70% of wallet addresses holding the three meme coins are profitable at the current price level. 4.52 million wallet addresses holding DOGE are profitable, as the meme coin trades at $0.1023.
607,840 wallet addresses holding Shiba Inu are profitable at $0.000013 and 143,030 wallet addresses holding Pepe are profitable at $0.000007. #BinanceLaunchpoolHMSTR #GrayscaleXRPTrust #USNonFarmPayrollReport
